Business

The United States is poised to gain control over TikTok's algorithm as part of the acquisition of the app's US operations, with a deal anticipated to be finalized imminently. Oracle is set to oversee data and privacy management for TikTok within the United States.

The unemployment rate for Black workers has climbed to 7.5% in August, marking its highest point since October 2021. This increase is seen as a potential indicator of an economic downturn, with significant repercussions for Black communities and small businesses reliant on Black consumer spending.

Professional tennis player Sachia Vickery has turned to OnlyFans to supplement her income during a shoulder injury, achieving substantial earnings in a brief timeframe despite prevalent misconceptions about the platform.

Target CEO Brian Cornell is stepping down after 11 years at the helm, amidst declining sales and criticism over the company's rollback of diversity, equity, and inclusion initiatives. Michael Fiddelke, currently the Chief Operating Officer, will assume the role on February 1, 2026.

McDonald's has announced a 15% reduction in the prices of its combo meals, alongside the introduction of a $5 breakfast deal and an $8 Big Mac and McNugget special. This move comes as the company addresses consumer concerns regarding the rising costs of its menu items.

Dollar General's sales increased 2.4% last quarter, beating analysts' expectations and gaining market share from competitors, while the company also raised its profit forecast for the year.

Faith leaders nationwide marked the fifth anniversary of George Floyd's murder with prayer vigils at Target stores, symbolizing a decisive end to the economically exploitative relationship between Black communities and the retailer, and announcing a full cancellation of the boycott.

Recent college graduates, especially Black and female graduates, confront heightened unemployment rates amid dwindling demand in tech and STEM sectors. The challenges include underemployment and significant student loan debt burdens.

National Public Radio, alongside several member stations, has initiated legal proceedings against the Trump administration, alleging that the president's efforts to withdraw funding from the network constitute a breach of constitutional rights, including freedom of speech.

Target's decision to scale back its diversity, equity, and inclusion (DEI) initiatives has resulted in a decline in sales and consumer trust, underscoring the importance of equity as a core value rather than a mere branding strategy.